The outgoing chief executive of housebuilder Persimmon, Dave Jenkinson, has cashed in £3.4m worth of shares following trades last week.
Jenkinson sold 65,000 shares in the business at £26.9p on 26 August, followed by another 64,307 on 27 August at £26.3p.
He still holds 603,983 shares in the company, worth nearly £15.9m based on Persimmon’s current share price of £26.31 (as of 2 September). He has to hold onto 108,937 and 44,791 shares until at least 15 October 2020 and 3 June 2021 respectively.
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